Porsche gears up its profit machine to net US$17,250 a car

New York

PORSCHE'S profit machine, already humming, just shifted up.

The Volkswagen AG brand delivered 238,000 of its sinuous vehicles last year and posted an operating profit of 3.9 billion euros (S$5.9 billion), up 14 per cent from 2015. Put those numbers together and it's on pace to net about US$17,250 a car , up 9 per cent.